Paine v. Loeb
Court of Appeals for the Second Circuit
In Error to tbe Circuit Court of tbe United States for tbe Southern District of New York.
1Opinion of the Court
THOMAS, District Judge.
Tbe plaintiffs are bankers and brokers doing business under tbe firm name of Franklin Paine & Co., a,t Dulutb, Minn., and tbe defendant is a broker at tbe city of New York. Tbe city of Dulutb, in 1896, bad a population of about 55,000, and *165was supplied with water and gas by the Duluth Gas & Water Company, whose works were capable oí meeting the necessities of the city, were of the value of upwards of $1,500,000, and produced an annual net income of $115,000. In the year 1896 the company had outstanding two classes of bonds. The first class consisted of $295,000 iirst…
2Cases cited8 opinions
- Cobb v. . KnappNew York Court of Appeals · 1877
- Considerant v. . BrisbaneNew York Court of Appeals · 1860
- Patrick v. BowmanSupreme Court of the United States · 1893
- Argersinger v. . MacNaughtonNew York Court of Appeals · 1889
- Tuthill v. . WilsonNew York Court of Appeals · 1882
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3Cited by3 opinions
- Nickell v. United StatesCourt of Appeals for the Ninth Circuit · 1908
- Dorman v. BoehringerCourt of Appeals of Texas · 1917
- Porter v. BaretichWashington Supreme Court · 1929